Quantum Corporation Reports Fiscal Fourth Quarter and Full Year 2017 Results

Published on May 10, 2017 in Quantum

This post was originally posted to the Quantum website.

SAN JOSE, Calif., May 10, 2017 /PRNewswire/ —

Full Year 2017 Highlights:

Total revenue of $505 million, up 6% over fiscal 2016

Scale-out tiered storage revenue of $148 million, up 17% year-over-year

Data protection revenue of $318 million, up 3% year-over-year

GAAP net income of $4 million, an $80 million improvement over fiscal 2016

Non-GAAP net income of $16 million, a $19 million improvement over the prior year

GAAP earnings per share of $0.11, compared to a loss per share of $2.33 in fiscal 2016

Non-GAAP earnings of $0.46 per diluted share, compared to a loss per share of $0.10 the prior year

/PRN…

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